Question
Mario's Home Systems has sales of $2,780, costs of goods sold of $2,120, inventory of $496, and accounts receivable of $426. How many days, on
Mario's Home Systems has sales of $2,780, costs of goods sold of $2,120, inventory of $496, and accounts receivable of $426. How many days, on average, does it take Mario's to sell its inventory?
Multiple Choice
- 85.40 days
- 55.93 days
- 65.12 days
- 73.34 days
- 84.23 days
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Multinational Financial Management
Authors: Alan C Shapiro, Paul Hanouna
11th Edition
1119559901, 9781119559900
